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Hodgins Auctioneers Announces Stock Option Grant and Amendment


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Published in Business and Finance on Friday, July 31st 2009 at 12:53 GMT, Last Modified on 2009-07-31 12:53:19 by Market Wire   Print publication without navigation


 MELFORT, SK, July 31 /CNW/ - Hodgins Auctioneers Inc. (HA:TSX-V) ("Hodgins" or the "Company") announced today that, subject to regulatory approval, the Company intends to grant 600,000 stock options, in the aggregate, to directors, officers, employees and consultants of the Company. The options will have an exercise price of $0.16, with a five year term to expiry. The Company also announced the amendment to an aggregate of 190,000 options originally granted October 20, 2008. The exercise price has been amended from $0.20 to $0.16 and all other terms of the options remain unchanged. The amendment to the options held by an employee of the Company is subject to regulatory approval. The amended options will not be available for exercise until all necessary approvals are obtained. About Hodgins Auctioneers Inc. ------------------------------ Headquartered in Melfort, Saskatchewan for more than 50 years, Hodgins is a provider of professional auction services. Hodgins is renowned for its experienced auctioneers, award-winning promotions, dependable results and commitment to providing the ultimate marketplace for the sale of assets by auction. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. %SEDAR: 00016723E 
For further information: Barrie Jung, President and CEO, Hodgins Auctioneers Inc., Tel: 1-800-667-2075, Fax: (306) 752-5702, Email: [ barrie@hodginsauctioneers.com ], Website: [ www.hodginsauctioneers.com ]

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